MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

RTTNews | hace 680
Stocktwits
MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

(RTTNews) - The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.

Prior to MarketAxess, Concannon served as President and Chief Operating Officer of Cboe Global Markets, Inc., a position he was appointed to upon Cboe's acquisition of Bats Global Markets, Inc. in 2017.

Until Bats' acquisition by Cboe, Concannon served as Chief Executive Officer of Bats since 2015. He has more than 20 years of experience as an executive at Nasdaq, Virtu Financial, Instinet and as an attorney at Morgan, Lewis & Bockius, LLP and the SEC.

Tags: MKTX
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MarketAxess Q2 Profit Declines, But Top Estimates

MarketAxess Q2 Profit Declines, But Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $72.62 million or $1.92 per share from $73.63 million or $1.96 per share in the prior-year quarter.
RTTNews | hace 196
MarketAxess Q2 Profit Declines, But Results Top Estimates

MarketAxess Q2 Profit Declines, But Results Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $59.86 million or $1.59 per share from $66.92 million or $1.78 per share in the prior-year quarter.
RTTNews | hace 488
Ukraine Conflict Drags Down CAC 40

Ukraine Conflict Drags Down CAC 40

Market sentiment remains heavily impacted by the heightened tensions between Ukraine and Russia over the past few days.
RTTNews | hace 5h 34min
DAX Slips As War Worries Return

DAX Slips As War Worries Return

An escalation in tensions between Ukraine and Russia dampened sentiment in European markets causing the DAX to slip close to a percent.
RTTNews | hace 6h 4min
Sensex, Nifty Snap Losing Streak, Close Modestly Higher

Sensex, Nifty Snap Losing Streak, Close Modestly Higher

Indian stocks closed on a positive note on Tuesday despite giving up a substantial portion of intraday gains. Stocks moved higher thanks to positive global cues, and on bargain hunting after recent losses.
RTTNews | hace 6h 31min
Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the European session on Tuesday.
RTTNews | hace 6h 47min
Positive Trend In Asian Markets

Positive Trend In Asian Markets

Equity markets in Asia closed on a positive note on Tuesday amidst growing hopes of more stimulus measures and expectations from the rate review by the Peoples Bank of China due on Wednesday.
RTTNews | hace 7h 11min
RBA Vigilant To Upside Risks To Inflation, Minutes Show

RBA Vigilant To Upside Risks To Inflation, Minutes Show

The Reserve Bank of Australia remained vigilant to upside risks to inflation and the board affirmed that the policy would need to be sufficiently restrictive until inflation moves sustainably towards the target, the minutes of the policy board meeting held on November 4 and 5 showed Tuesday.
RTTNews | hace 9h 32min
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